tax cut

130 countries back deal on global minimum tax for companies

The agreement followed a proposal from US President Joe Biden for at least a 15% rate, an initiative that propelled the talks toward meeting a deadline for a deal by the middle of this year.

published on : 2nd July 2021

Will the proposed 15 per cent minimum tax rate take away India’s competitive edge?

 India currently has the lowest corporate tax rate of 15 per cent for new manufacturing companies.

published on : 5th June 2021

Amid turmoil, US President Trump seeking a reset with State of the Union 

President Donald Trump will look to reset his term with his first State of the Union address, arguing that his tax cut and economic policies will benefit all Americans.

published on : 28th January 2018

Chinese ratings agency downgrade US debt over political 'deficiencies'

A Chinese credit ratings firm has downgraded US debt, citing the political "deficiencies" and "factional rivalries" of the United States.

published on : 17th January 2018

Next Trump hurdles: November mid-terms, 2020 primaries

The president is coming off a late-2017 high, when he managed to ram his massive tax cut plan through Congress.

published on : 16th January 2018